VMware Realized It Bit Off More Than It Could Chew
VMware found it had 900 people too many working on projects not really that strategic to its mission after all, and this week decided it was time to let them go.
VMware, during its fiscal year 2012 quarterly financial analyst call, said it will lay off about 900 people in 2013 as it moves away from certain products such as its SlideRocket presentation software, which customers see as nonstrategic to their needs.
The company does also plan to add 1,000 people for its more strategic initiatives. But, that is cold comfort to those who will be stamped "nonstrategic" this year.